May 19, 2012
Ironic

A large part of what we do in options trading is to fit smooth curves to a bunch of seemingly random points. Data comes in and we find a pattern, plot a pretty line, and draw conclusions from it. We can do this very quickly, in a fraction of a second. The most important curve is called a “smile.”

Sometimes, in the course of working, one receives different kinds of data points. Sadly, there, it may take months or years to fit a curve.

Not so smiley, that one.

6:47pm  |   URL: http://tmblr.co/ZEG6ZyLewVQ7
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Filed under: work 
  1. scholvin posted this
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